Nash Capital, the private equity arm of its eponymous advisory firm, has landed a second asset for its inaugural $80 million growth fund, taking a cornerstone stake in a software business that’s bringing artificial intelligence to the world of smash repair yards.
Nash has turned up as the first outside investor in Clear21, and its investment will help the company expand into the United Kingdom. Its flagship product, iBodyshop, helps operators with things like quoting for repairs, scheduling time in the workshop and parts procurement.